Public Markets 3 Hours

Last updated: July 14, 2026, 5:30 PM ET

Geopolitical Tensions and Oil Markets

Oil futures for passage through the Strait of Hormuz. The decision followed U.S. military strikes and a shift in strategy, with the administration now seeking Gulf investment in exchange for safe passage. This move for the global economy, as shipping industry experts fear other nations may follow suit. Iran's former leader, meanwhile, denied a report alleging Israel's plan to reinstall him.

Energy Sector and Infrastructure Spending

U.S. natural gas futures, recovering from earlier losses despite ample domestic supply. The broader industrial sector, however for factories and warehouses due to rising costs, with AI data-center construction being a notable exception. EV maker Lucid has to guide its turnaround amid struggles with sales and quality issues.

Legislative and Political Developments

The fate of a Russia sanctions bill remains uncertain following the death of Senator Lindsey Graham, who had championed the measure. Senate Democrats, meanwhile over the conflict in Iran, highlighting a waning bipartisan consensus on Middle East policy. In New York City, the Council Speaker has backed a ban on horse-drawn carriages in Central Park.

Financial Markets React to Inflation Data

Treasury yields and the dollar declined as U.S. inflation data cooled, easing concerns about rising prices. Banks, however, are benefiting from the tech boom, riding the wave of innovation.